# Davis Field Unit Mineral Rights in Clarke County, Mississippi

## TL;DR

The Davis field in Clarke County, Mississippi is a mature oil-producing operation with 57+ years of continuous production, operated by Formentera Operations LLC. With 5 historic wells and recent monthly production of 1,643 barrels (January 2026), it exemplifies the long-life production profile typical of Mississippi's waterflood and CO2 enhanced oil recovery (EOR) operations. Many mineral interests are multi-generational inheritances with owners spread across multiple states.

## Key Takeaways

- **Davis field** is located in Clarke County, Mississippi, and operated by Formentera Operations LLC, which also operates the Laurel field in Jones County
- **57+ years of continuous production** — oldest well spud in 1969, demonstrating exceptional longevity characteristic of Mississippi mature-field operations
- **Recent production: 1,643 barrels of oil per month** (January 2026) across 5 historic wells
- **Mississippi's top 20 producing units** collectively produce approximately 237,000 bbl/month — about one-third the production volume of Texas's top 20 units
- **Many Mississippi EOR operations** are supplied by the Denbury Jackson Dome CO2 system, with CO2 supply often serving as the binding constraint on long-term economics
- **Typical decline rates** for Mississippi waterflood/EOR fields range from 3-8% annually, with remaining reserve life often extending 15-30+ years
- **Multi-generational ownership** is common, with many interests inherited from original leases signed in the 1940s-1960s era
- **Valuation uses discounted cash flow models** with discount rates typically ranging 9-13% for stable Mississippi unitized operations

## Page Highlights

**Field Overview** — The Davis field is a long-tenured Mississippi oil operation with 5 wells dating back to 1969, currently producing 1,643 barrels of oil monthly under Formentera Operations LLC.

**Mississippi Production Context** — Mississippi's mature-field landscape is dominated by waterflood and CO2 EOR operations, with the state's top 20 units producing collectively about 237,000 bbl/month (roughly one-third of Texas top 20 volume).

**Mineral Interest Types** — Davis field ownership typically includes producing royalty interests, non-producing mineral interests, overriding royalty interests (ORRI), and non-participating royalty interests (NPRI).

**Valuation Framework** — Direct buyers evaluate Davis interests using discounted cash flow with inputs including 3-8% annual decline rates, 15-30+ year reserve life, operator quality, CO2 supply constraints for EOR fields, and 9-13% discount rates.

**Ownership Patterns** — Many interests are inherited across multiple generations, with original leases often dating to the 1940s-1960s, resulting in ownership dispersed across multiple states.

**Sales Process** — Buckhead Energy handles remote transactions for out-of-state owners, including free written offers, notarized deeds, county recording, and same-day wire transfers.

## Related Topics

- [How to Sell Mineral Rights](https://www.buckheadenergy.com/sell) — comprehensive guide to the mineral rights sales process
- [What Are My Minerals Worth?](https://www.buckheadenergy.com/sell) — valuation methodology and pricing factors
- [Should I Sell?](https://www.buckheadenergy.com/sell) — decision framework for mineral owners
- [Beginner's Guide](https://www.buckheadenergy.com/sell) — introduction to mineral rights ownership
- [Getting a Fair Price](https://www.buckheadenergy.com/sell) — strategies for maximizing mineral rights value

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**About Buckhead Energy**  
Buckhead Energy is a direct mineral rights buyer with 18+ years of experience acquiring producing and non-producing mineral interests across the United States. We provide free, no-obligation valuations and handle all aspects of the transaction remotely.

**Ready to discuss your Davis field mineral rights?** [Get your free valuation at Buckhead Energy](https://www.buckheadenergy.com/sell)